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The Governor of the Central Bank of Egypt (CBE), Hassan Abdallah, announced that the country’s foreign currency reserves have climbed to an all-time high – reaching US$ 57.50 billion by the end of October. He further noted that the banking sector’s net foreign assets have reached their highest level since 2011, coinciding with a decline … The post Egypt’s foreign currency reserves reach US$ 57.50 billion appeared first on Egypt Independent .

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